What Is It

SushiSwap is a multi-chain decentralized exchange (DEX) offering various decentralized finance products.

About SushiSwap

SushiSwap is an automated market making (AMM) decentralized exchange (DEX) that is built on the Ethereum blockchain. It is a community-run project that is governed by vote of the community, using their own governance token. As of 9 November 2022, it has over US$470M in total value locked (TVL).

Read through our deep dive of SushiSwap in our three-part analysis:

  1. A Deep Dive into Sushi: Otoro for Breakfast – A Fundamental Analysis (Part 1)
  2. A Deep Dive into Sushi: One Sashimi… Two Sashimi – A Structural Analysis (Part 2a)
  3. A Deep Dive into Sushi: Grains of Rice – A Structural Analysis (Part 2b)


sushiswap products

Tokens and Tokenomics

  • Hard cap of 250M SUSHI, to be reached in November 2023.
  • Projected emissions curve and supply totals:
SUSHI emissions graph

Total supply of tokens will be distributed as such:

  • 90% for the community
  • 10% for the developer’s fund (0xe94b5eec1fa96ceecbd33ef5baa8d00e4493f4f3)
SUSHI supply and distribution

Similar Protocols


  1. SushiSwap Pools Explained: https://help.sushidocs.com/products/sushiswap-pools
  2. SushiSwap Documentation: https://docs.sushi.com/
  3. Contract: 0x6b3595068778dd592e39a122f4f5a5cf09c90fe2

This publication is provided for informational and entertainment purposes only. Nothing contained in this publication constitutes financial advice, trading advice, or any other advice, nor does it constitute an offer to buy or sell securities or any other assets or participate in any particular trading strategy. This publication does not take into account your personal investment objectives, financial situation, or needs. Treehouse does not warrant that the information provided in this publication is up-to-date or accurate.

Hyperion by Treehouse reimagines workflows for digital asset traders and investors looking for actionable market and portfolio data. Contact us if you are interested! Otherwise, check out Treehouse Academy, Insights, and Treehouse Daily for in-depth research.